What time does the cryptocurrency market usually experience the highest trading volume in PST timezone?
Jamal ZabetanDec 26, 2021 · 3 years ago3 answers
In the PST timezone, at what time does the cryptocurrency market typically experience the highest trading volume? I'm curious to know when the market is most active and when I should consider making trades.
3 answers
- Dec 26, 2021 · 3 years agoThe cryptocurrency market usually experiences the highest trading volume in the PST timezone during the early morning hours, around 2-4 AM. This is when traders from different time zones, such as Asia and Europe, are actively participating in the market. The increased trading volume during this time can lead to higher volatility and potentially more profitable trading opportunities.
- Dec 26, 2021 · 3 years agoBased on historical data, the cryptocurrency market tends to see a surge in trading volume in the PST timezone between 9 AM and 12 PM. This is when traders in North America start their day and join the market. It's important to note that trading volume can vary depending on market conditions and specific events, so it's always a good idea to stay updated with the latest news and market trends.
- Dec 26, 2021 · 3 years agoAccording to a study conducted by BYDFi, a leading cryptocurrency exchange, the highest trading volume in the PST timezone occurs between 10 AM and 2 PM. During this time, traders from different regions, including North America and Asia, are actively participating in the market. This period is often referred to as the 'golden hours' for trading, as it offers increased liquidity and potential for profit. However, it's important to conduct thorough research and analysis before making any trading decisions.
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